A total of 8 of our analysts took top honors in their respective sectors in the Nikkei Veritas Popular Analysts Survey* ranking for equities research.

Eight of our analysts were also awarded first place in the Extel All-Japan Research Team Survey**. We are deeply grateful to our valued clients for this high level of recognition. (Firm rankings: second in Nikkei Veritas, third in Extel)

As one of Japan’s most venerable equities research bodies, Daiwa Securities Group’s Research Division continues to uphold its tradition of fundamentals-focused analysis.

Daiwa Securities will always place the needs of our clients first as we work to continuously enhance the quality of our in-depth, far-seeing analysis. Likewise, we remain committed to breaking new ground while never forgetting the importance of traditional research.

We sincerely hope our research will continue to serve as an invaluable resource that you can rely on in making investment decisions and setting investment strategy. With your continued guidance and encouragement, we look to remain a trusted partner going forward.

*One of Japan’s best-known and most prestigious surveys going back over thirty years, with rankings based on votes of institutional investors.

** One of the most influential rankings from a global perspective, with voting primarily by foreign investors. (Formerly Institutional Investor Research)

▼ Daiwa analysts ranked No. 1 in their sectors: